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Can a single company with 2 online businesses get funded and how does it affect the company valuation

Hello Prasanna,
I had posted a question and thought of asking you too.

If a company X has 2 portals ( www.abc.com ) & ( www.xyz.com). Can company X raise funds for both these companies, if yes how does it affect the valuation of the company esp when there would be different set of investors for both the portals ( products).